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when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesses are getting hurt, the big businesses have been doing fine. in fact, look what happened with the obama recovery compared to the bush expansion. the top one percent, we're hearing a lot about them, they had an expansion of 65% during bush. during the obama so called recovery they got 93%. so the rich have all these special deals which is helping them get more money while the poor are losing. >> i hear what you are saying. here's the thing. we see time and again these poll significances say we do want pro growth economic policies but they show up in washington d.c. and i think they got some kind of stockholm syndrome where they do their krony capitalism to redistrict and that doesn't work. mike is right. all new job creation over the last decade or so comes from the small business startups and, boy, they're g
when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesses are getting hurt, the big businesses have been doing fine. in fact, look what happened with the obama recovery compared to the bush expansion. the top one percent, we're hearing a lot about them, they had an expansion of 65% during bush. during...
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tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making it expensive for city government and for businesses to locate in detroit. we think if you combine all of this, that it would be the model for how you would rescue cities across the country but any impoverished area. we have impoverished areas in eastern kentucky. we think this same plan would rescue them and parts of louisville and other major cities. >> maybe the country while you're at it. we have had five years of spread the wealth. you didn't build that. share share economics. where has obama failed detroit? >> here's the problem. the president says let me tax houston, send it to washington, then i'll pass
tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making...
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the federal gas tax -- let's lk about one tax. the federal gas tax. it goes to the highway trust fund. it hasn't gone up in 20 years. but the cost of road repair and road construction has gone up 55%. >> you don't think a lot more people would drive? >> i think that the gas tax -- >> you think just because it hasn't been touched for 20 years -- >> it is declining revenue source because our cars are more fuel efficient -- >> what about -- >> that's notot what we're talkg about, we're talking about one thing -- >> no, no, no, that's partof it -- >> you need more money, you have other resource, why to you need more money? >> you do need more because since 2008, the general fund has contributed $41 billion to the federal highway trust fund. you're asking people, you're basically -- drivers are t paying their way -- >> wait, let me just finish one thing -- >> wait, let me -- >> i pay 12 bucks a day. i'm not using up -- >> you don't know that for a fact. we are not paying -- >> so you are for what this congressman -- you're agreeing with a guy who has a bic
the federal gas tax -- let's lk about one tax. the federal gas tax. it goes to the highway trust fund. it hasn't gone up in 20 years. but the cost of road repair and road construction has gone up 55%. >> you don't think a lot more people would drive? >> i think that the gas tax -- >> you think just because it hasn't been touched for 20 years -- >> it is declining revenue source because our cars are more fuel efficient -- >> what about -- >> that's notot what...
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don't forget how we pay for those benefits through payroll taxes. how crazy is this program? pretax employers for hiring them and pay people not to work? is one of the craziest programs. >> i think there is some truth to your argument that may come as a surprise but there are also factors to be weighed wiped out in the last recession so it is hard to find suitable employment. >> gives the economy and adapt. >> sometimes you need more time to do that and that is why you get more time. >> died nine weeks? , 99 weeks? jedi that should do it if you cannot block did you go work at mcdonald's sadek but they're not be anymore because we will raise the battle waged. [laughter] dennis: it is set to stop talking but i could be a lot of a job here soon. nice job today. what you see it? the question of that i should the government extend unemployment benefits even if that adds to of employment? log on and we will shut -- share the results at the end of the show. more examples of past government god too far? have the problems plaguy obamacare and the white house said they fixed it but can
don't forget how we pay for those benefits through payroll taxes. how crazy is this program? pretax employers for hiring them and pay people not to work? is one of the craziest programs. >> i think there is some truth to your argument that may come as a surprise but there are also factors to be weighed wiped out in the last recession so it is hard to find suitable employment. >> gives the economy and adapt. >> sometimes you need more time to do that and that is why you get...
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it's going to wind up being taxed on somebody else later. unfortunately, we need them in it. $95, whatever the fine is, they need jail is what happens if you don't do it, because we need 100% of the people under 35 on this plan, subsidizing older people. >> okay. on your christmas table, do you think you'll be talking about this? is that going to convince your nieces and nephews to sign up? >> good lord, no. we talk about how tony romo blew another season for the cowboys most likely. gary b. is chicken little, bernard is a fountain of misinformation. let's break this down. amazon can handle 1 million transactions per minute. this government website can handle 50,000. that's how competent these guys are. these guys are ideologue whos w know nothing about people. they understand they've been sold a bill of goods here, they have been told they can keep their doctor, keep their health plan. they know it's not true. >> let's forget about the website. let's think about, instead, are we going to pay more? >> well, we have to, brenda, look, in berna
it's going to wind up being taxed on somebody else later. unfortunately, we need them in it. $95, whatever the fine is, they need jail is what happens if you don't do it, because we need 100% of the people under 35 on this plan, subsidizing older people. >> okay. on your christmas table, do you think you'll be talking about this? is that going to convince your nieces and nephews to sign up? >> good lord, no. we talk about how tony romo blew another season for the cowboys most...
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i have a constructive suggestion we always get our tax to use the roads. we use the gas tax. back in the old days all the stars at 50 miles to the gallon. if we will tax according damage people use the roads as according to how much gas to use which is what they're really proposing, the people with these high-mileage tabriz should have to pay twice the sales tax as someone with a gas guzzler. it is the same where and tear on the roads. what really troubles me is how much they waste the gas tax money. we spend enough on the road, but it gets wasted because of federal money, whenever there is federal money involved we have to hire unionized workers. those wages are so out of whack with the market price that we can never afford the roads. melissa: i don't know. uni have been covering this for ever. we always said the only cure for high prices as high prices. they were really high. we did everything we could to fix that, drilling more, driving less, doing all this stuff. the government comes in and picked my pocket anyway. >> i'm telling you. and every mile that we drive right no
i have a constructive suggestion we always get our tax to use the roads. we use the gas tax. back in the old days all the stars at 50 miles to the gallon. if we will tax according damage people use the roads as according to how much gas to use which is what they're really proposing, the people with these high-mileage tabriz should have to pay twice the sales tax as someone with a gas guzzler. it is the same where and tear on the roads. what really troubles me is how much they waste the gas tax...
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if you live in those states with sales taxes, you will have to pay the very same taxes as you would in one of those brick and mortar stores. much more is still ahead and we will take a look at the global hotspots ignored by the obama administration and the national media. relution breaking out entirely. but what does the dtor and say? what does mr. obama say? and the president trying to keep congress from passing new sanctions against ran. we will be joined by ralph peters in k.t. mcfarland with the analysis. we will await results from cybermonday. jen rogers joins us to tell us what it means for the to be american economy and the global onomy as well. we are coming right back. the obama administration touting dramatic improvements out of healthcare.gov, and that is not what we are finding. we will be talking with the former director, tom scully, on what is really going on withtÑ lou: our first guest is here to serve at least partly as a tutor for you will end me. he says that obamacare is the biggest middle-class entitlement ever conceived and he says beyond the flawed website, we ne
if you live in those states with sales taxes, you will have to pay the very same taxes as you would in one of those brick and mortar stores. much more is still ahead and we will take a look at the global hotspots ignored by the obama administration and the national media. relution breaking out entirely. but what does the dtor and say? what does mr. obama say? and the president trying to keep congress from passing new sanctions against ran. we will be joined by ralph peters in k.t. mcfarland...
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tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destrod the middle-class is harmed but then you rob those anti-poverty programs by calling yourself a former? that is the hypocrisy that is frustrating to see why i wrote the book calling of these people on their duplicity. john: one final example some of the activists are so eager to promote anti- capitalist they glamorize people like bill ears -- bill ayers they killed people and bombed buildings and obama held a fund-raiser in bill ayers living room so robert redford came out with a movie based on the weather underground that the terrorists are on the run. >> we'd never be trade any of us all these years. >> i
tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destrod the middle-class is harmed but then...
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guide to taxes continues with a tax strategy session so you can do some planning. that is airports might "willis report" and we thank you for joining us. have a great night. ♪ lou: the nation's east coast is hammered by a deadly winter storm that caused scores of car wrecks and canceled thousands of flights and that's just the first round. the second round begins in just hours. a powerful storm with more ice and snow that will hit tonight. i am lou dobbs. ♪ ♪ ♪ lou: good evening, everybody. the relentless storm pounding cities along the east coast, dropping snow and sleet and freezing rain across much of the region. forecasters say that washington dc could get up to 5 inches of snow in philadelphia up to three and new york at least 1 inch. the storm system is wreaking havoc on the roads and in new jersey a car slid off interstate 78 and two people were killed. overall, 11 deaths across the country have been blamed on the storm in the snow and icy conditions is causing an exceptional number of pilots. the chain reaction crash on the pennsylvania turnpike tha
guide to taxes continues with a tax strategy session so you can do some planning. that is airports might "willis report" and we thank you for joining us. have a great night. ♪ lou: the nation's east coast is hammered by a deadly winter storm that caused scores of car wrecks and canceled thousands of flights and that's just the first round. the second round begins in just hours. a powerful storm with more ice and snow that will hit tonight. i am lou dobbs. ♪ ♪ ♪ lou: good...
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quick to use your tax dodges. >>wning acres of land in new jersey but pays only $100 of state property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but then you rob those anti-poverty programs by calling yourself a former? that is the hypocrisy that is frustrating to see why i wrote the book calling of these people on their duplicity. john: one final example some of the activists are so eager to promote anti- capitalist they glamorize people like bill ears -- bill ayers they killed people and bombed buildings and obama held a fund-raiser in bill ayers living room so robert redford
quick to use your tax dodges. >>wning acres of land in new jersey but pays only $100 of state property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they...
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in taxes versus revenue? that is where the democrats have their sticking point is they love to spend money that we don't have and republicans are insistent if we have any spending constraint it has to be found in tax savings or tax increases but you cannot have one without the other, that is the real sticking point here. you have immigration. adam: the business community wants some sort of immigration bill to get through congress. any chance we would see this happening or would this be continued delay, delay, delay? >> this would be after the congress in january because it is too big. in order for immigration to succeed it will not be an ominous bill like we had with obamacare. we need incremental bills on immigration talk about security pathway to citizenship, taxation and those type of things in order for immigration bill to go forward. which comes first, the chicken or the egg? a pathway to citizenship. these are the things that have to be ironed out in the open. it also has to be incremental. it cannot be
in taxes versus revenue? that is where the democrats have their sticking point is they love to spend money that we don't have and republicans are insistent if we have any spending constraint it has to be found in tax savings or tax increases but you cannot have one without the other, that is the real sticking point here. you have immigration. adam: the business community wants some sort of immigration bill to get through congress. any chance we would see this happening or would this be...
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for $1 trillion in taxes. mary kissel with the wall street journal editorial board is smiling. is this for real? is there a real split here? not something i am inventing. is there a split? >> it is a struggle for the heart of the democratic party. you saw a obama pull the party itself ought to the left at you see centrists coming out and say and what are we doing? look at the polls, look what happened in colorado where voters rejected a tax hike to fund public education. look at history. populism works on college campuseses but looks a guy like bill bradley or howard dean it doesn't really work. stuart: we are riding a big piece, your newspaper. >> reading the wall street journal editorial page. stuart: the hard left is -- they used the word reckless, stronger stuff than that. >> a set weekend have all these kinds of fiscal fantasies as they put it. and a couple existed -- stuart: she wants to raise social security benefits and tax everybody. >> social security is broken and you can't promise american voters s
for $1 trillion in taxes. mary kissel with the wall street journal editorial board is smiling. is this for real? is there a real split here? not something i am inventing. is there a split? >> it is a struggle for the heart of the democratic party. you saw a obama pull the party itself ought to the left at you see centrists coming out and say and what are we doing? look at the polls, look what happened in colorado where voters rejected a tax hike to fund public education. look at history....
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which means that this administration now has miionaries and navigators and a tax hour and a grassroots army organizing for action, all pushing obamacare. they certainly have their work cut out for them. twenty-one of 36 states now have embraced the president's so-called fix for obamacare to the almost 5 million people whose coverage has been canceled by insurancecompanies. senator harry reid is offering to exempt his staff from buying insurance through the laws of exchanges and the other three congressional leaders include john boehner,, nancy pelosi, and mitch mcconnell, and they all have told their staff to join the excnge. on wall street today, stocks in the dow jones down and the nasdaq up a fraction. european regulators ned six financial institutions, a record 2 billion, for conspiring to terest rate manipulate interest rates. mgm selling its remaining 10% stake on allied financial. the carmakers lending arm getting about $900 million. the government remains the majority shareholder, which received a 17 billion-dollar bailout during the crisis, of which they have repaid two thirds
which means that this administration now has miionaries and navigators and a tax hour and a grassroots army organizing for action, all pushing obamacare. they certainly have their work cut out for them. twenty-one of 36 states now have embraced the president's so-called fix for obamacare to the almost 5 million people whose coverage has been canceled by insurancecompanies. senator harry reid is offering to exempt his staff from buying insurance through the laws of exchanges and the other three...
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eastern for a special user's guide to your taxes. it is the year end edition. i'm coming back, are these coins a good investment? $4000 is the average cost. why are costs rising so much? stay with us. just by talking to a hmet. it grabbed the patient's record before we even picked himp. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. ven pulled strings with the stoplights. my ambulance talks witsmoke alarms and pilots and adiums. but, of course, 's a good listener too. [ female announcer ] today cisco is connecting the internet oeverything. so everything works like never before. gerri: emergency rooms are profit centers? here with more, a professor of orthopedic surgery at duke university. i can't imagine why would cost thousands of dollars to get stitches. what is going on? >> emergency rooms tend to be one of the most expensive places to get your health care. and so if you have a smaller or nonurgent issue, will you will pay more. you also need to remember that there are four
eastern for a special user's guide to your taxes. it is the year end edition. i'm coming back, are these coins a good investment? $4000 is the average cost. why are costs rising so much? stay with us. just by talking to a hmet. it grabbed the patient's record before we even picked himp. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. ven pulled strings with the stoplights. my ambulance talks witsmoke alarms and...
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you don't pay the taxes. now the other part about it i think people need to look into, in 2007 he had over $9 million worth of stocks. it went up 147%. 2007 a cusp at the top, the market crashed. from the january low. not from 2007, what stocks was he holding? do they benefit from his power or government regulations, i want to know what stocks this guy was holding and why they went up so much. stuart: well said, because we don't know the whole story. the shock value as a man like him has $18 million to lose me first place place and getting around capital gains tax. charles: in the same scheme, where is he getting this cash? stuart: we will hear more. your take on your loss of privacy is next. yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. with fidelity's options platform, we've completely integrated e
you don't pay the taxes. now the other part about it i think people need to look into, in 2007 he had over $9 million worth of stocks. it went up 147%. 2007 a cusp at the top, the market crashed. from the january low. not from 2007, what stocks was he holding? do they benefit from his power or government regulations, i want to know what stocks this guy was holding and why they went up so much. stuart: well said, because we don't know the whole story. the shock value as a man like him has $18...
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here is what i see her when i look at tax payers wallets. an open-ended obligation of my money going to insurers to fix the problem because the poor planning of this administration. again, why is that? >> i think it's not just this, it's the whole law, and i think you're actually onto something there. because people have talked about whether this will work and how many people would enroll, will there be a so-called deathspiral and etc. gerri: president is willing to open the process and the task of these insurers to give them whatever they want. let's talk about how many times the price tags for this website has gone up. that is now a billion dollars. it seems as though they are not willing to say that we are going to end this plan and what they are willing to say is that we will spend what we have to to make it work. and i could be disastrous. >> that is correct. but they probably will do exactly that despite what they have to. but even without him i don't think what they are going to get is much more than something that looks like a bit mo
here is what i see her when i look at tax payers wallets. an open-ended obligation of my money going to insurers to fix the problem because the poor planning of this administration. again, why is that? >> i think it's not just this, it's the whole law, and i think you're actually onto something there. because people have talked about whether this will work and how many people would enroll, will there be a so-called deathspiral and etc. gerri: president is willing to open the process and...
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what about taxes? discounting sales tax. portland, oregon, rent the worst but came to the amount of taxes paid. highest taxes for people on vacation according to the global business travel association of business or the managers may pay $22.86 just in taxes. boston and indianapolis in a close second and third. $18.10 respectively there. we have big money in college football. we are going to to the ceo of one of the big playoff games to be and one of the big bowl games. another consequence of health reform. covering the nations volunteer fireman. why would they have to be covered under obamacare? and more on the new ceo of general motors which we talked about earlier. saying moments ago she was the unanimous choice. more details at the top of the hour as "markets now" continues. hi honey, did you get e toastecozy? yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat r
what about taxes? discounting sales tax. portland, oregon, rent the worst but came to the amount of taxes paid. highest taxes for people on vacation according to the global business travel association of business or the managers may pay $22.86 just in taxes. boston and indianapolis in a close second and third. $18.10 respectively there. we have big money in college football. we are going to to the ceo of one of the big playoff games to be and one of the big bowl games. another consequence of...
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more expensive, we are paying for them and the taxpayers are paying for all of this, either through tax breaks or the green energy companies or other kinds of write-offs. but at the end of the day, why can the grid not handle it? what is a technil issue? >> it is difficult. they turn and they create energy, it is difficult to get that energy over to the coast and we generate a lot of wind energy in the country. and it's difficult to get overlooked where it's needed. and once you start rying to get it out elsewhere, it is a little bit more difficult. but the big problem is tha the wind is heavily subsidized and it's more expensive. so germany and spain have ended their subsidies because it is just so expensive. for example the energy department says the average costs of natural gas are $66. >> that tells a story, doesn't it? and from what inderstand, if you live in california, you put solar panels on their house and it's not likely you will stay in the house long enough to pay off those solar panels. even so, the devils are in the detail. and it's really hard to make it work and make it
more expensive, we are paying for them and the taxpayers are paying for all of this, either through tax breaks or the green energy companies or other kinds of write-offs. but at the end of the day, why can the grid not handle it? what is a technil issue? >> it is difficult. they turn and they create energy, it is difficult to get that energy over to the coast and we generate a lot of wind energy in the country. and it's difficult to get overlooked where it's needed. and once you start...
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it is government debt is bigger, but taxes more and has a lot more power over individual americans. lou: just within the last two days the president also again sounding like a tea party chieftain as he railed against the inequities of the income distribution in the country, the heartless disparate distribution of wlth across, as if he had not been president for five years. >> his entire goal the whole time is to literally take from the rich and give to the board. this is what he campaigned on. you're sitting here talking about the expansion of government committee introduced obamacare as chief legislation. literally almost double the size of government. when it enacted completely. once again, it is just what is coming of his mouth. he is on the campaign trail. erican people bought it up until now. his approval ratings are abyal >> the speech about inequality was not at tea party speech. it was in occupy wall street speech. a call for socialism, take money away from the rich and give it to the port the best example of why this is not that tea party president, think about obamacare co
it is government debt is bigger, but taxes more and has a lot more power over individual americans. lou: just within the last two days the president also again sounding like a tea party chieftain as he railed against the inequities of the income distribution in the country, the heartless disparate distribution of wlth across, as if he had not been president for five years. >> his entire goal the whole time is to literally take from the rich and give to the board. this is what he...
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one of the biggest ones is this 3.8% surtax, obamacare tax. investment income over -- if you have $250,000 of adjusted gross income you will be impacted by this on your net investment income and that investment income and closes rent and royalties as well. tracy: if i make $250,000 i worry about this and the next step is to figure out my net investment income and you are saying it is important to make sure your neck is zero. >> difficult to make it zero and that is not actually a goal. but if you have a lot of capital gains, look at your portfolio and say do i have any losses in my portfolio? if you saw losses in your portfolio, as long as you stay out of that security for 30 days and there are strategies to do that, sell it before the end of the year to offset those capital gains with that loss. tracy: you are referring to if you want to buy it back, buy it back but get a tax loss for the time being. other things we could do, we talk retirement contributions, all before year end. >> charitable contributions if you make charitable contribution
one of the biggest ones is this 3.8% surtax, obamacare tax. investment income over -- if you have $250,000 of adjusted gross income you will be impacted by this on your net investment income and that investment income and closes rent and royalties as well. tracy: if i make $250,000 i worry about this and the next step is to figure out my net investment income and you are saying it is important to make sure your neck is zero. >> difficult to make it zero and that is not actually a goal....
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the company also has a history trying to uild the tax system in hawaii and nothing more. and so at about $750 per enrollee in hawaii at this point. neil: summer working through their own exchanges and what have you. in time will heal a lot of it. what do you find? >> i don't think so. you can talk about the website in one issue, you can talk about it in another. we are seeing that the premiums are increasing by 22% for the interesting thing is that 8% of the population is uninsured and the majority people are insured through their employer. as we have create a system where we are spending 205 million federal dollars in hawaii to enroll a percent of the population, with only 257 people have actually signed up. so once we see this -- nationally, it the majority is don't want to sigorsing that trs well. be. neil: the republican governors aren't going along, they don't match and this has happened other states it really doesn't matter. >> it is a mess because you talk about the government trying to create a marketplace and a system that didn't work. so we have seen problems in
the company also has a history trying to uild the tax system in hawaii and nothing more. and so at about $750 per enrollee in hawaii at this point. neil: summer working through their own exchanges and what have you. in time will heal a lot of it. what do you find? >> i don't think so. you can talk about the website in one issue, you can talk about it in another. we are seeing that the premiums are increasing by 22% for the interesting thing is that 8% of the population is uninsured and...
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and wait until some geek taxes it and it's redirected somewhere else. we will have our special, the b-side next. (announcer) at scottrade, our clients trade and inst exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one lin... to easily momove my money wheni need to. plus, en i call my local scottrade office, i can talk to someonwho knows how i trade. because i don't trade like everybody. i trade like me. (announcer) scottrade-proud to be ranked i'm with scottrade. "best overall client experience." ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the power tools iroduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. [ female announcer ] every day w're working tong and to keep our commitmes.-. and we've made a big commitment to america. bp supports nearly 25
and wait until some geek taxes it and it's redirected somewhere else. we will have our special, the b-side next. (announcer) at scottrade, our clients trade and inst exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one lin... to easily momove my money wheni need to. plus, en i call my local scottrade office, i can talk to someonwho knows how i trade. because i don't trade like everybody. i trade like me. (announcer) scottrade-proud to...
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that is the one thing i have to say i enjoy about making money, paying my taxes. stuart: anybody that can convert mob wife image into million dollars gets my vote. good luck with the books and good luck with the new series tomorrow night. >> thank you. stuart: your take on the poster boyd of corporate greed. your take on that is next. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energefficiency could help americans save $300 billion each year. take the energy quiz. energy lis here. stuart: last hour i gave my take on than is being released on parole next week. is your take. he was over the top and hard to like. if he was in government, he would have been a hero. anne-marie tweet too bad prosecutors can't go after government
that is the one thing i have to say i enjoy about making money, paying my taxes. stuart: anybody that can convert mob wife image into million dollars gets my vote. good luck with the books and good luck with the new series tomorrow night. >> thank you. stuart: your take on the poster boyd of corporate greed. your take on that is next. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the...
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your tax cheat if you are not paying your sales taxes. and people are paying big bucks for sports memorabilia. from the ballfield may be. people pay money for anything. that is what they are paying for a barrel of oil. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their0-year lipper average t. rowe price. invest with confidence. with investment information, risks, fees and expenses to read and consider carefully before investing. daymac new home sales surging in october taking home builder stocks with them. nicole petallides is at the stock exchange. >> helped to bring them off of the lows of the day, they are not far off of the unchanged line but the new home sales numbers came in and beat the street expectations with a rise of 20.4% to 440,000 beating the estimate of 426,000. of up arr
your tax cheat if you are not paying your sales taxes. and people are paying big bucks for sports memorabilia. from the ballfield may be. people pay money for anything. that is what they are paying for a barrel of oil. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of...
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and wait until som geek taxes it and it's redirected somewhere else. we [kevin] paul and i have beenf. [paul] well...forever. [kevin] he's the one person who loves pizza more than i do. aul] we're obsessed. [kevin] we decided to make our obsession our livelihood. [kevin] business was really good. [kevin] then our sauce supplier told me: "you got to get quickbooks." [kevin]quickbooks manages money, tracks sales and expenses. [paul] we even use it to accept credit cards. [paul] somebody buys a pie with a credit card, boom, all the accounts update. [paul] when we started hiring,we turned on payroll. evin] it's like our pizza.you add the toppings you want, leave off the ones you don't. [kevin] now business is in really great shape. [announcer] start using intuit quickbooks for free at quickbooksot-com. you are gonna need a wingman. and with my cash back, you are money. forget him. my airline miles will take your game worldwide. what i'm really looking for is -- i got two words for you -- re-wards. ♪ there's got to be better cards than this. [ male announ
and wait until som geek taxes it and it's redirected somewhere else. we [kevin] paul and i have beenf. [paul] well...forever. [kevin] he's the one person who loves pizza more than i do. aul] we're obsessed. [kevin] we decided to make our obsession our livelihood. [kevin] business was really good. [kevin] then our sauce supplier told me: "you got to get quickbooks." [kevin]quickbooks manages money, tracks sales and expenses. [paul] we even use it to accept credit cards. [paul] somebody...
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it means that new york will continue to collect taxes from those online retailers. david: shares of dow chemical jumping after the company will sell the bulk of its coring operations, its oldest business, part of a plan to shed assets worth up to $4 billion. liz: managed care giant, unitedhealth group forecast estimates that fall short of analyst expectations following changes in medicare and other bought health programs. david: commuters heading home from new york this even being will face more disruption after the crash of the metro-north train in the bronx yesterday. four people were killed and dozens were injured. workers are still working to clear some of the weakage. "after the bell" starts right now. liz: on this first trading day of december let's break down today's action. we have david lutz, still nicholas managing director. he will tell us the top places to put your money right now, and lincoln ellis in the pits of the cme. lincoln, start with you. a little bit of retrenchment to the downside at the last second of the markets. tell us what the real feel i
it means that new york will continue to collect taxes from those online retailers. david: shares of dow chemical jumping after the company will sell the bulk of its coring operations, its oldest business, part of a plan to shed assets worth up to $4 billion. liz: managed care giant, unitedhealth group forecast estimates that fall short of analyst expectations following changes in medicare and other bought health programs. david: commuters heading home from new york this even being will face...
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people have tax issues. do you think now is good time to address the market as we're sitting on highs for the day? >> sure. anytime we get to a new high you have to be cautious and why are we here? is it based on fundamentals or is it a little frothy? i think it is based on fundamentals. cheryl: you would wait? >> i would, wouldn't necessarily, well i would actually ease in. depends on areas. i look for opportunities when stocks come down when everything else is going up. comes up on my radar why did that stock go down? what is the specific issue. that is the way which i would property it. look for more of those divergences where there are stocks maybe at the market stays where it is, what is going down. why is it going down and look there if is there good fundamental reason to do it. we have a lot of political headlines in the election year. that could cause volatility in the markets. could be fun for people. cheryl: maybe now and january time to ease into the market? ease is the word of the day. >> like a
people have tax issues. do you think now is good time to address the market as we're sitting on highs for the day? >> sure. anytime we get to a new high you have to be cautious and why are we here? is it based on fundamentals or is it a little frothy? i think it is based on fundamentals. cheryl: you would wait? >> i would, wouldn't necessarily, well i would actually ease in. depends on areas. i look for opportunities when stocks come down when everything else is going up. comes up...
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. $15 an hour, tax the rich, you must have health insurance or else. here is my take on the command economy. that's what it is. the left quarterbacked by president obama is trying to command the return of prosperity, command fairness, with an of a magic wand and command the economy to obey the white house. look at the $15 an hour movement. they want to legislate wages. it's not what you bring to the wage table, it's what politicians decree you should be paying, that's a command. look at the tax the rich idea. and that's an attempt to command income equality. wave that wand, make them pay, even more, and they tell you we will be all more equal. really? and how has that been going for the las five years. and then obamacare, perhaps the new motherload of the command economy, you shall have health insurance. you will give us your personal information, and stop whining if we lose it. you had enough of this yet? you see, it doesn't work. command economies do not produce widespread prosperity. they do not produce fairness, it is the politically connected to w
. $15 an hour, tax the rich, you must have health insurance or else. here is my take on the command economy. that's what it is. the left quarterbacked by president obama is trying to command the return of prosperity, command fairness, with an of a magic wand and command the economy to obey the white house. look at the $15 an hour movement. they want to legislate wages. it's not what you bring to the wage table, it's what politicians decree you should be paying, that's a command. look at the tax...
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>> no taxes on the social security. one of these places the focus has been on making a great economy for everybody, it is not sort of this weird manipulation of economic recovery were somehow a try to make the people who own the business don't benefit the people who just started yesterday reap the rewards. you cannot undo capitalism and put it back this way. dagen: i am not believing you want people to borrow money. charles: borrowing too much money got us in trouble. i have a mortgage. our win some money not bad. people spending beyond their means is one thing, or listen, somebody by $300,000 house and they drove a ford $100,000 house, that is what got us in trouble. 4 million people, publish increased 4 million, a million of them came from california and other high tax system. dagen: a lot of that is the oil. charles: it is not just about energy. 160,000 employees, guess what is moved this week, texas. $115,000 as a grant. it is not like pay up, we are throwing out cash. you know why? they want to have an economic bac
>> no taxes on the social security. one of these places the focus has been on making a great economy for everybody, it is not sort of this weird manipulation of economic recovery were somehow a try to make the people who own the business don't benefit the people who just started yesterday reap the rewards. you cannot undo capitalism and put it back this way. dagen: i am not believing you want people to borrow money. charles: borrowing too much money got us in trouble. i have a mortgage....
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businesses haven't been paying taxes, most residents aren't paying their property taxes. but businesses are beginning to come back in. there's a trickle of businesses and some bigtime -- dennis: okay, but, guys, to get back more specifically to the topic at hand, scott martin in chicago, detroit faces $18 billion unfunded liabilities, and people had to wait hours for the police to show up. were the unions wrong to fight for pensioners? >> no, i don't think they were wrong, dennis. that's what they had to do. the joke around in chicago is chicago is basically could be detroit, you know, in a couple years. i mean, that's one thing that's going on ear is we're having the same -- here, this is just a precursor to a possible wave of bankruptcies that might happen across the country. i'll tell you one thing else to watch out for, watch out for your muni bond portfolios, the bonds that allow these cities and states issue, the funny part -- and jeff flock brought it up in his interview, a lot of those pension funds be buy those very bonds. so you're going to talk about downgrades
businesses haven't been paying taxes, most residents aren't paying their property taxes. but businesses are beginning to come back in. there's a trickle of businesses and some bigtime -- dennis: okay, but, guys, to get back more specifically to the topic at hand, scott martin in chicago, detroit faces $18 billion unfunded liabilities, and people had to wait hours for the police to show up. were the unions wrong to fight for pensioners? >> no, i don't think they were wrong, dennis. that's...
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judge napolitano: sound just like george iii with assistant tax which let british soldiers go anywhere looking for anything they want to find among the colonists for britain to defend. stuart: if we don't track the how do we know where they are? how are we supposed to kill them? judge napolitano: i don't think we can yet. i am using england as an example. the most civilized of all of us. if the dish stuart: if they were planning to send planes into buildings in america, i don't care where they are. judge napolitano: you have taken this into fantasyland. this is not what the nsa does. the nsa doesn't drone and doesn't kill. the nsa spies and if the nsa is going to argue to catch one person in england they have to spy on everybody there, the constitution says you can't do that and the british people, who usually love authority, stuart: if it is illegal and unconstitutional, why isn't anything ever done about it? on a mass scale for years under the obama administration nothing happened. judge napolitano: illegal for the present to bomb libya and kill gaddafi. stuart: would be illegal? wou
judge napolitano: sound just like george iii with assistant tax which let british soldiers go anywhere looking for anything they want to find among the colonists for britain to defend. stuart: if we don't track the how do we know where they are? how are we supposed to kill them? judge napolitano: i don't think we can yet. i am using england as an example. the most civilized of all of us. if the dish stuart: if they were planning to send planes into buildings in america, i don't care where they...
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lori: big tax fighting back, some of the sector's biggest names callin: on washington to b government surveillance. their plan straightahead but first time for stocks now, let's head to the floor the new york stock exchange with nicole petallides. stocking sendin extending fridag jobs inspired jump. nicole: that is) jobs inspired jump, without enough to push us over the unchanged line for the week but we did have a nice gain on friday, 200 planes worth. today adding 19 points, that pales in comparison but still end up arrow nonetheless. at least has been kept to the upside up about one-tenth of 1% to a quarter of a percent. it is worth watching the
lori: big tax fighting back, some of the sector's biggest names callin: on washington to b government surveillance. their plan straightahead but first time for stocks now, let's head to the floor the new york stock exchange with nicole petallides. stocking sendin extending fridag jobs inspired jump. nicole: that is) jobs inspired jump, without enough to push us over the unchanged line for the week but we did have a nice gain on friday, 200 planes worth. today adding 19 points, that pales in...